What do you mean by that?
Answer:
$7,305.50
Step-by-step explanation:
The computation of the FICA tax pay in 2005 is shown below:
Medicare = 1.45% × $119,000 = $1,722.50
And, Social security tax = 6.2% × 90,000 = $5,580
So, the FICA tax in 2005 is
= Medicare tax + Social security tax
= $1,722.50 + $5,580
= $7,305.50
Answer:
The value will be $1,411.20
Step-by-step explanation:
What we do here is to set up an exponential equation to calculate the value.
Mathematically it will look like this;
V = I(1-r)^n
where V is the future value
I is the initial amount = 24,600
r is rate of decrease = 13.75% = 13.75/100 = 0.1375
n is the number of years = 15 years
substituting these values, we have
V = 24,600(1-0.1375)^15
V = 24600(0.8625)^15
V = 1,411.165582454129
= $1,411.20
Lets begin with our y=mx+b, our constant(b) is 800 that she earns as a salary, our x represents the amount she sells, m then represents the commission which is 8.25% so converting that to a decimal and replacing it as m gets us y = 0.0825x+800. Replace $4500 for x and we have y=0.0825(4500)+800 solve and we get $1171.25
Answer: 0.036
Step-by-step explanation:
